How to buy SuperFarm (SUPER) in Australia
Learn how to buy SuperFarm (SUPER) easily by following a step-by-step guide and comparing 10+ crypto exchanges.
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How to buy SuperFarm
1. Compare crypto exchanges
The easiest way to buy SuperFarm is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
2. Create an account
To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.
3. Make a deposit
Once verified, you can deposit $ using the payment method that best suits you – bank transfer, bpay, cash and cryptocurrency payments are widely accepted.
4. Buy SuperFarm
You can now exchange your funds for SuperFarm. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your SuperFarm to your personal wallet.
Where to buy SuperFarm in Australia
Find an exchange to buy, sell and trade SUPER by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Steps on how to buy SuperFarm
Look for an exchange that supports both fiat and cryptocurrency to simplify buying SuperFarm.
- Compare cryptocurrency exchanges that support SUPER.
Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
- Create an account on an exchange.
You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy SuperFarm.
- Buy SuperFarm.
Complete your SuperFarm purchase and then find the best wallet to store SUPER.
What to consider when buying SuperFarm
Before buying SUPER tokens, here are a few factors worth considering:
- NFTs: Much of the success of the SuperFarm platform is tied to the public interest of NFTs. Non-fungible tokens are a very contentious topic, but widespread adoption could result in a growing influx of people using the SuperFarm platform. Conversely, a drop in popularity for the digital asset could result in SUPER’s price following suit and falling sharply. If you are not a believer in NFTs, you may wish to invest in a cryptocurrency not related to the NFT sector.
- Competition: SuperFarm’s unique selling point is the platform’s farms, which allow users to apply a huge range of use-cases and earning opportunities to all sorts of NFT assets. However, as an NFT marketplace, SuperFarm has its work cut out. OpenSea, SuperRare, and Rarible have all cornered a huge portion of the NFT market. SuperFarm will need to compete with them to capture a solid market share.
- Tokenomics: There is a max supply of 1 billion SUPER tokens. These coins can be used for a variety of purposes, such as voting on governance proposals, earning rewards from staking, or minting NFTs on the platform. Of the 1 billion, 25% were allocated for staking rewards, 5% were for supporting NFT drops, 5% were for the initial seed round, 35% were dedicated to private sales and 20% were allocated for the ecosystem and development. The remaining 10% was distributed to the founders.
How to sell SuperFarm
You can cash out your SUPER with the same exchange you bought it through:
- Sign in to the exchange you have SUPER on.
If you store your SuperFarm in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of SUPER you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of SuperFarm.
Disclaimer: Cryptocurrencies, including SuperFarm, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SUPER is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the SuperFarm or any other cryptocurrency discussed.
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